(1) Suppose you are now operating your business in a town which has a very competitive taco catering market. There are many restaurants and food caterers providing rolled tacos (flautas and taquitos). Your business is just one of many of them. If the market price (P) is $4.00 per rolled taco, to maximize your profit, how many tacos you should make per day? At this output level, what are the values of your marginal cost (MC), marginal revenue (MR), average revenue (AR), total revenue (TR) and total profit? Note: Total profit = Total revenue - Total cost. Your results are estimated as values per day. (2) Due to several factors, the tacos market has dramatically changed in this town. Now you are the only rolled tacos maker. You have a demand curve for your taco as Q=2055P, where Q is the quantity demanded for your tacos per day and P is the market price (S) of each your taco. The output decision maximizing your profit is now to make 165 tacos per day. Then, what is the market price of each rolled taco? What is the relationship between, MC, MR, P and AR? And how much is your total profit at this level of outpur